11
Feb
15:12
Vietnamese HRC buyers shun higher-priced imports
Vietnamese hot rolled coil importers were not receptive to sharply hiked offers from overseas suppliers last week, Kallanish notes. Suppliers raised HRC offer prices by large margins in tandem with firming global markets.
A popular Chinese mill is offering SAE 1006 2-2.5mm thickness HRC at $860/tonne cfr Ho Chi Minh City for shipment by end-April. Some commercial Chinese HRC was traded last week. A 2,000-tonne cargo of 3-12mm SS400 grade HRC for April shipment cl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous